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Mitsubishi Logistics (TSE:9301) Cyclically Adjusted Book per Share : 円3,830.85 (As of Mar. 2024)


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What is Mitsubishi Logistics Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Mitsubishi Logistics's adjusted book value per share for the three months ended in Mar. 2024 was 円5,348.678. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円3,830.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsubishi Logistics's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mitsubishi Logistics was 7.80% per year. The lowest was 3.90% per year. And the median was 5.50% per year.

As of today (2024-05-24), Mitsubishi Logistics's current stock price is 円5148.00. Mitsubishi Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,830.85. Mitsubishi Logistics's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsubishi Logistics was 1.37. The lowest was 0.62. And the median was 1.00.


Mitsubishi Logistics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mitsubishi Logistics's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitsubishi Logistics Cyclically Adjusted Book per Share Chart

Mitsubishi Logistics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,941.47 3,054.99 3,256.19 3,534.41 3,830.85

Mitsubishi Logistics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,534.41 3,607.36 3,689.40 3,757.98 3,830.85

Competitive Comparison of Mitsubishi Logistics's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Mitsubishi Logistics's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Logistics's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsubishi Logistics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Logistics's Cyclically Adjusted PB Ratio falls into.



Mitsubishi Logistics Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mitsubishi Logistics's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5348.678/107.2000*107.2000
=5,348.678

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Logistics Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,737.379 98.000 2,994.357
201409 2,796.085 98.500 3,043.049
201412 2,855.682 97.900 3,126.957
201503 2,973.952 97.900 3,256.462
201506 3,031.547 98.400 3,302.661
201509 2,932.987 98.500 3,192.043
201512 2,990.605 98.100 3,268.021
201603 2,910.113 97.900 3,186.559
201606 2,879.955 98.100 3,147.107
201609 2,943.308 98.000 3,219.619
201612 3,097.204 98.400 3,374.190
201703 3,130.498 98.100 3,420.891
201706 3,182.772 98.500 3,463.890
201709 3,263.072 98.800 3,540.499
201712 3,386.741 99.400 3,652.501
201803 3,330.681 99.200 3,599.284
201806 3,353.868 99.200 3,624.341
201809 3,451.878 99.900 3,704.117
201812 3,306.364 99.700 3,555.087
201903 3,381.188 99.700 3,635.540
201906 3,345.084 99.800 3,593.116
201909 3,377.583 100.100 3,617.152
201912 3,445.314 100.500 3,675.002
202003 3,298.160 100.300 3,525.052
202006 3,314.783 99.900 3,557.004
202009 3,678.682 99.900 3,947.495
202012 3,753.238 99.300 4,051.834
202103 3,914.612 99.900 4,200.665
202106 3,939.934 99.500 4,244.833
202109 4,076.215 100.100 4,365.337
202112 4,088.221 100.100 4,378.195
202203 4,238.822 101.100 4,494.577
202206 4,265.025 101.800 4,491.264
202209 4,313.037 103.100 4,484.554
202212 4,430.747 104.100 4,562.690
202303 4,488.975 104.400 4,609.369
202306 4,758.074 105.200 4,848.532
202309 4,892.835 106.200 4,938.907
202312 4,974.078 106.800 4,992.708
202403 5,348.678 107.200 5,348.678

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Mitsubishi Logistics  (TSE:9301) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Mitsubishi Logistics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5148.00/3830.85
=1.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsubishi Logistics was 1.37. The lowest was 0.62. And the median was 1.00.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mitsubishi Logistics Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Mitsubishi Logistics's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsubishi Logistics (TSE:9301) Business Description

Traded in Other Exchanges
Address
19-1, Nihonbashi, Nihonbashi Dia Building, 1-chome Chuo-ku, Tokyo, JPN, 103-8630
Mitsubishi Logistics Corp is a logistics and real estate investment company, domiciled in Japan. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and lease office buildings and other commercial real estates. Mitsubishi Logistics derives the vast majority of revenue domestically.

Mitsubishi Logistics (TSE:9301) Headlines

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